Capstone Turbine Corporation (NASDAQ: CPST) has reported its long awaited earnings after today’s close. The microturbine energy systems manufacturer posted earnings of -$0.07 EPS on a 60% revenue gain to $9.3 million. First Call…
There was interesting event in a 13D filing today right after the close, and that will be worth some news and gossip alike. An investment firm called Amalgamated Gadget LP, which is roughly a…
IPO’s have been much lower in numbers of late because of current market conditions. But companies that came public have still managed to see their share of winners with the likes of ATA Inc.…
Today’s 52-week low list was full of some of the usual suspects, and you can count airlines as the top group of 52-week lows after that breather in oil prices did not hold. There…
The WSJ has reported that that long-standing rumor of a search advertising deal between Google (NASDAQ: GOOG) and Yahoo! Inc. (NASDAQ: YHOO) is close to being consummated. Yahoohas concluded talks with Microsoft without reaching…
Charter Communications, Inc. (NASDAQ: CHTR) has extended the early participation deadline for the pending private offer of its indirect units until 11:59 PM ET on June 27, 2008 and the exchange ratio range will…
Everyone has reported on the huge acquisition offer from InBev for Anheuser-Busch Companies Inc. (NYSE: BUD). What is interesting above and beyond the global beer initiatives and consolidation is that Berkshire Hathaway, Inc. (NYSE:…
Qualcomm Inc. (NASDAQ: QCOM) is seeing a very positive reaction this morning after the company raised guidance. The company sees earnings at $0.54 to $0.55 EPS, above its prior targets of $0.50 to $0.52…
Claymore Securities Inc. has launched the Claymore/BNY Mellon Frontier Markets ETF (NYSE: FRN). This ETF is the first U.S.-listed ETF that gives access to up to 41 countries that are "less developed than traditional…
If you thought things couldn’t get weirder in the brokerage firm stocks, guess again. Lehman Brothers Holdings Inc (NYSE: LEH) has essentially fired its CFO Erin Callan and its COO Joseph Gregory. Technically Callan…
Ethanol stocks appear to be under pressure this morning. Citigroup has downgraded the group to a SELL rating, partially based upon the Midwest flooding. VeraSun (NYSE: VSE) and BioFuel Energy (NASDAQ: BIOF) were cut…
These are ten of the analyst calls we are focusing on this Thursday morning: Archer-Daniels (NYSE: ADM) cut to Hold at Citigroup. ASM Intl NV (NASDAQ: ASMI) started as Underperform at Jefferies. China Netcom…
Starbucks (SBUX) is going to put another 150 stores in Europe. They are closing them in the US, so perhaps it all balances out. The coffee chain has come up against competition from places…
Investors figure the only way that GM (GM) makes it out of its current troubles is that its overseas operations make money to offset trouble in the US. In the domestic market, GM is…
Some of AIG’s (AIG) big investors wanted to throw out management. But, that was not enough for them. With the smell of blood in their nostrils they have decided that the board of directors…
One of the hedge funds that Citigroup (C) bought from its CEO Vikram Pandit’s money management company, an operation called Old Lane, has gone belly-up. Pandit got $165 million from the deal and was…
According to Reuters, InBev made $46.3 billion offer for Anheuser-Busch (BUD). Reuters reports that AIG (AIG) shareholders are demanding board changes. Reuters writes that the GM (GM) Europe sales chief sees a sales slump.…
Markets in Asia were down sharply. The Nikkei fell 2.1% to 13,889. NEC fell 4.5% to 547. Sony (SNE) fell 2.8% to 5130. Toyota (TM) fell 2.7% to 5400. The Hnag Seng dropped. 1.6%…
Anheuser-Busch Companies Inc. (NYSE: BUD) came out and confirmed some discussions that were making the rounds today. The beer giant noted that it has received a unsolicited and non-binding $46 Billion proposal from InBev…
MGIC Investment (MTG) Money still moving out of bond insurers. Down to $8.75 from 52-week high of $62.94. US Airways Group (LCC) Oil prices up driving airlines down. Company say fuel bill could move…